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January 20th, 2016, 11:10 AM
Super Moderator
 
Join Date: Mar 2012
Re: Is Central Bank of India A Government Bank

As per your request here I am providing you information about that, Is Central Bank of India A Government Bank or not.

Here I am giving you its information;

Native name
सेन्ट्रल बैंक ऑफ़ इंडिया

Type
Public company
BSE & NSE:CENTRALBK

Industry
Financial
Commercial banks

Founded
21 December 1911; 104 years ago

Headquarters
Mumbai, Maharashtra, India

Key people
Shri. Rajeev Rishi, Chairman & Managing Director

Revenue
191495 million (US$2.9 billion) (2010-11)

Number of employees
42000(approx)

Slogan
Build a better life around us



Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.

It is based in Mumbai which is the financial capital of India and capital city of state of Maharashtra.

Central Bank of India has 4600 branches, 5000 ATM's and 4 extension counters across 27 Indian states and three Union Territories.

At present, Central Bank of India has overseas office at Nairobi, Hong Kong and a joint venture with Bank of India, Bank of Baroda, and the Zambian government.

The Zambian government holds 40 per cent stake and each of the banks has 20 per cent.

Recently it has also opened a representative office at Nairobi in Kenya.

Central bank of India is one of 18 Public Sector banks in India to get recapitalization finance from the government over the next 24 months.

Central Bank of India has approached the Reserve Bank of India for permission to open representative offices in five more locations - Singapore, Dubai, Doha and London.


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